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Publications
  • February 2025
  • Article
  • Strategic Management Journal

Seeing the Whole: Configurational Cognition and New Venture Resource Mobilization

By: Goran Calic, François Neville, Santi Furnari and C. S. Richard Chan
  • Format:Print
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Abstract

Research is scant on how multiple venture attributes combine as “whole packages” of signals (or cognitive configurations) in resource holders’ eyes, shaping a venture’s ability to mobilize resources. Drawing on a Qualitative Comparative Analysis of 1,395 crowdfunding campaigns, we identified different configurations of signals for high and low resource mobilization, theorizing abductively their underlying mechanisms through the analysis of case-level qualitative data. Our results explain some past mixed findings, such as the contradictory effects of social value and entrepreneurial narratives, showing that these narratives can instead be successfully combined in the presence of signals of venture quality and community embeddedness. We show that there is no single best way to impress resource holders, but multiple recipes to holistically communicate a venture’s value.

Keywords

Crowdfunding; Mission and Purpose; Entrepreneurship; Communication; Perception

Citation

Calic, Goran, François Neville, Santi Furnari, and C. S. Richard Chan. "Seeing the Whole: Configurational Cognition and New Venture Resource Mobilization." Strategic Management Journal 46, no. 2 (February 2025): 309–347.
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More from the Authors

    • December 5, 2024
    • PLoS ONE

    A Consensus Definition of Creativity in Surgery: A Delphi Study Protocol

    By: Alex Thabane, Tyler McKechnie, Phillip Staibano, Vikram Arora, Goran Calic, Jason W. Busse, Sameer Parpia and Mohit Bhandari
    • October 10, 2024
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    Characteristics of Creative Individuals: An Umbrella Review Protocol

    By: Alex Thabane, Tyler McKechnie, Phillip Staibano, Goran Calic, Colin Kruse, Jason W. Busse, Samee Parpia and Mohit Bhandari
    • October 2024
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    On Why Women-owned Businesses Take More Time to Secure Microloans

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More from the Authors
  • A Consensus Definition of Creativity in Surgery: A Delphi Study Protocol By: Alex Thabane, Tyler McKechnie, Phillip Staibano, Vikram Arora, Goran Calic, Jason W. Busse, Sameer Parpia and Mohit Bhandari
  • Characteristics of Creative Individuals: An Umbrella Review Protocol By: Alex Thabane, Tyler McKechnie, Phillip Staibano, Goran Calic, Colin Kruse, Jason W. Busse, Samee Parpia and Mohit Bhandari
  • On Why Women-owned Businesses Take More Time to Secure Microloans By: Goran Calic, Moren Lévesque and Anton Shevchenko
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